1.	Legal Name of the Applicant  NASSAU BROADCASTING III, LLC
	Mailing Address 619 ALEXANDER RD 3RD FLOOR
	City PRINCETON		State or Country (if foreign address) NJ	ZIP Code 08540 - 6003
	Telephone Number (include area code) 6099241515		E-Mail Address (if available)
	FCC Registration Number: 0011378676	Call Sign  WLNH-FM	Facility ID Number  65675
2.	Contact Representative (if other than Licensee/Permittee) STEPHEN DIAZ GAVIN		Firm or Company Name PATTON BOGGS LLP
	Telephone Number (include area code) 2024576340		E-Mail Address (if available) SGAVIN@PATTONBOGGS.COM
3.	Name of entity, if other than licensee or permittee, for which report is filed
	Mailing Address
	City		State or Country (if foreign address)	ZIP Code -
	Telephone Number (include area code)		E-Mail Address (if available)
4.	If this application has been submitted without a fee, indicate reason for fee exemption (see 47 C.F.R. Section 1.1114): Governmental Entity Fee-exempt Report Other THIS IS IN CONNECTION WITH CONSUMMATION OF ASSIGNMENT OF LICENSES. SEE INSTRUCTION #7 FEES. 'A FEE IS REQUIRED TO BE PAID AND SUBMITTED WITH THE FILING OF A LICENSE'S 'BIENNIAL' OWNERSHIP REPORT ONLY. N/A (Fee Required)

Section II - Ownership Information

5.	a. Biennial b. Transfer of Control or Assignment of License/Permit c. Other d. Amendment to pending application for the following stations: [Enter Station Information] Station List This Report is filed for the following stations: Call Letters Facility ID Number Location (City/State) Class of service WLNH-FM 73215 LACONIA NH FM Call Letters Facility ID Number Location (City/State) Class of service WWHQ 73216 MEREDITH NH FM Call Letters Facility ID Number Location (City/State) Class of service WEMJ 67270 LACONIA NH AM Call Letters Facility ID Number Location (City/State) Class of service WBQQ 69854 KENNEBUNK ME FM Call Letters Facility ID Number Location (City/State) Class of service WHXQ 69855 KENNEBUNKPORT ME FM Call Letters Facility ID Number Location (City/State) Class of service WBQW 73885 SCARBOROUGH ME FM Call Letters Facility ID Number Location (City/State) Class of service WBQI 40925 BAR HARBOR ME FM Call Letters Facility ID Number Location (City/State) Class of service WBYA 41105 ISLEBORO ME FM Call Letters Facility ID Number Location (City/State) Class of service WLAM 64434 LEWISTON ME AM Call Letters Facility ID Number Location (City/State) Class of service WFNK 65675 LEWISTON ME FM Call Letters Facility ID Number Location (City/State) Class of service WHXR 59534 NORTH WINDHAM NH FM Call Letters Facility ID Number Location (City/State) Class of service WHOB 23329 NASHUA NH FM Call Letters Facility ID Number Location (City/State) Class of service WNNH 11664 HENNIKER NH FM Call Letters Facility ID Number Location (City/State) Class of service WLKZ 65624 WOLFEBORO NH FM Call Letters Facility ID Number Location (City/State) Class of service W245AA 24950 PORTLAND ME FX Call Letters Facility ID Number Location (City/State) Class of service WZSH 69493 BELLOWS FALLS VT FM Call Letters Facility ID Number Location (City/State) Class of service WHDQ 17798 CLAREMONT NH FM Call Letters Facility ID Number Location (City/State) Class of service WTSV 17795 CLAREMONT NH AM Call Letters Facility ID Number Location (City/State) Class of service WSSH 17801 WHITE RIVER JUNCTION VT FM Call Letters Facility ID Number Location (City/State) Class of service WNHV 17800 WHITE RIVER JUNCTION VT AM Call Letters Facility ID Number Location (City/State) Class of service WSNO 34813 BARRE VT AM Call Letters Facility ID Number Location (City/State) Class of service WORK 34810 BARRE VT FM Call Letters Facility ID Number Location (City/State) Class of service WWFY 17808 BERLIN VT FM Call Letters Facility ID Number Location (City/State) Class of service WCFR-FM 23307 WALPOLE NH FM Call Letters Facility ID Number Location (City/State) Class of service WWOD 20606 HARTFORD VT FM Call Letters Facility ID Number Location (City/State) Class of service WNHW 54908 BELMONT NH FM Call Letters Facility ID Number Location (City/State) Class of service WJYY 54909 CONCORD NH FM Call Letters Facility ID Number Location (City/State) Class of service W298AH 83636 CLAREMONT NH FX Call Letters Facility ID Number Location (City/State) Class of service W294AB 17799 HANOVER NH FX Call Letters Facility ID Number Location (City/State) Class of service W293AB 17796 KEENE NH FX Call Letters Facility ID Number Location (City/State) Class of service WHDQ-FM1 76669 RUTLAND VT FB Call Letters Facility ID Number Location (City/State) Class of service WVAY 57728 WILMINGTON VT FM Call Letters Facility ID Number Location (City/State) Class of service WEXP 65961 BRANDON VT FM Call Letters Facility ID Number Location (City/State) Class of service WBQX 49564 THOMASTON ME FM Call Letters Facility ID Number Location (City/State) Class of service WLVP 24994 GORHAM ME AM Call Letters Facility ID Number Location (City/State) Class of service WTHT 24949 AUBURN ME FM All of the information furnished in this Report is accurate as of 01/01/2005 (Date must comply with 47 C.F.R. Section 73.3615(a), i.e., information must be current within 60 days of filing of this report, when 5(a) below is checked.) This Report is filed for (check one)
6.	Respondent is: Sole proprietorship Not-for-profit corporation Limited partnership For-profit corporation General partnership Other If "Other", describe nature of the respondent in an Exhibit. [Exhibit 1]
7.	List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613.   (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject licensee or permittee shall respond.) [Enter Contract/Instrument Information] Contracts/Instruments Information List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613. (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject shall respond.) Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration NASSAU BROADCASTING III, L.L.C. ORGANIZATIONAL DOCUMENTS Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration NASSAU BROADCASTING I, L.L.C. ORGANIZATIONAL DOCUMENTS Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration NASSAU BROADCASTING PARTNERS, L.P. ORGANIZATIONAL DOCUMENTS Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration NASSAU BROADCASTING PARTNERS, INC. ORGANIZATIONAL DOCUMENTS Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration NASSAU PARTNER HOLDINGS, L.L.C. ORGANIZATIONAL DOCUMENTS Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration TIME BROKERAGE AGREEMENT MULTICULTURAL RADIO BROADCASTING, INC. 05/22/2002 Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration JOINT SALES AGREEMENT CAPITOL BROADCASTING CORPORATION, INC. 07/16/2004 Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT GOLDMAN SACHS CREDIT PARTNERS 09/30/2004
8.	Capitalization (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject licensee or permittee shall respond.) [Enter Capitalization Information] Capitalization Capitalization (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise excercises de facto control over the subject licensee or permittee shall respond.) Class of stock (preferred, common or other) Voting or Non-voting Number of Shares Authorized Issued and Outstanding Treasury Unissued SEE ATTACHED EXHIBIT 6
9.	(a.) List the respondent, and, if other than a natural person, its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. If a corporation or partnership holds an attributable interest in the respondent, list separately its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. Create a separate row for each individual or entity. Attach supplemental pages, if necessary. [Enter Owner Information] Owner Information List the respondent, and, if other than a natural person, its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. If a corporation or partnership holds an attributable interest in the respondent, list separately its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. Create a separate row for each individual or entity. Attach supplemental pages, if necessary. (Read carefully - The numbered items below refer to line numbers in the following table.) 1. Name and address of respondent and each party to the respondent holding an attributable interest (if other than individual also show name, address and citizenship of natural person authorized to vote the stock or holding the attributable interest). List the respondent first, officers next, then directors and, thereafter, remaining stockholders and other entities with attributable interests, and partners. 2. Gender (male or female). 3. Ethnicity (check one). 4. Race (select one or more). 5. Citizenship. 6. Positional interest: Officer, director, general partner, limited partner, LLC member, investor/creditor attributable under the Commission's equity/debt plus standard, etc. 7. Percentage of votes. 8. Percentage of total assets (equity debt plus). 1. Name and Address NASSAU BROADCASTING III, L.L.C.; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest APPLICANT 7. Percentage of votes 100.00 8. Percentage of total assets (equity debt plus) 100.00 1. Name and Address NASSAU BROADCASTING I, L.L.C.; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest SOLE LIMITED LIABILITY COMPANY MEMBER OF APPLICANT 7. Percentage of votes 100.00 8. Percentage of total assets (equity debt plus) 100.00 1. Name and Address NASSAU BROADCASTING PARTNERS, L.P.; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest SOLE OWNER OF NASSAU BROADCASTING I, L.L.C. 7. Percentage of votes 100.00 8. Percentage of total assets (equity debt plus) 100.00 1. Name and Address NASSAU BROADCASTING PARTNERS, INC.; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest GENERAL PARTNER OF NASSAU BROADCASTING PARTNERS, L.P. 7. Percentage of votes 100.00 8. Percentage of total assets (equity debt plus) 0.36 1. Name and Address NASSAU PARTNER HOLDINGS, L.L.C.; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest SOLE LIMITED PARTNER OF NASSAU BROADCASTING PARTNERS, L.P. 7. Percentage of votes 0.00 8. Percentage of total assets (equity debt plus) 99.64 1. Name and Address NASSAU BROADCASTING HOLDINGS, INC.; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest SHAREHOLDER OF NASSAU BROADCASTING PARTNERS, INC. 7. Percentage of votes 29.99 8. Percentage of total assets (equity debt plus) 29.99 1. Name and Address SPECTRUM EQUITY INVESTORS IV, L.P.; 333 MIDDLEFIELD ROAD, SUITE 200, MENLO PARK, CA 94025 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest SHAREHOLDER OF NASSAU BROADCASTING PARTNERS, INC. 7. Percentage of votes 27.42 8. Percentage of total assets (equity debt plus) 27.42 1. Name and Address SPECTRUM-NASSAU ASSOCIATES, L.P.; 333 MIDDLEFIELD ROAD, SUITE 200, MENLO PARK, CA 94025 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest SHAREHOLDER OF NASSAU BROADCASTING PARTNERS, INC. 7. Percentage of votes 6.17 8. Percentage of total assets (equity debt plus) 6.17 1. Name and Address SPIRE CAPITAL PARTNERS, L.P.; C/O SPIRE CAPITAL PARTNERS, 30 ROCKEFELLER PLAZA, SUITE 4200, NEW YORK, NY 10112 2. Gender (male or female) 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest SHAREHOLDER OF NASSAU BROADCASTING PARTNERS, INC. 7. Percentage of votes 5.86 8. Percentage of total assets (equity debt plus) 5.86 1. Name and Address LOUIS F. MERCATANTI, JR.; 900 STATE ROAD, PRINCETON, NJ 08540 2. Gender (male or female) Male 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest PRES, CHAIR, DIRECT, ASST SECTY AND ASST TREAS OF NBP, INC. 7. Percentage of votes 30.00 8. Percentage of total assets (equity debt plus) 30.00 1. Name and Address TRISTAM E. COLLINS; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) Male 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest EXECUTIVE VP OF NASSAU BROADCASTING PARTNERS, INC. 7. Percentage of votes 0.00 8. Percentage of total assets (equity debt plus) 0.00 1. Name and Address TINA CHRISTENSEN; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) Female 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest SECRETARY; DIRECTOR, NASSAU BROADCASTING PARTNERS, INC. 7. Percentage of votes 0.00 8. Percentage of total assets (equity debt plus) 0.00 1. Name and Address PETER TONKS; 619 ALEXANDER ROAD, THIRD FLOOR, PRINCETON, NJ 08540 2. Gender (male or female) Male 3. Ethnicity (check one) Hispanic or Latino Not Hispanic or Latino 4. Race (select one or more) American Indian or Alaska Native Asian Black or African American Native Hawaiian or Other Pacific Islander White 5. Citizenship US 6. Positional Interest TREASURER; VP, NASSAU BROADCASTING PARTNERS, INC. 7. Percentage of votes 0.00 8. Percentage of total assets (equity debt plus) 0.00 (b) Respondent certifies that equity and financial interests not set forth in response to Question 9(a) are non-attributable. Yes No N/A See Explanation in [Exhibit 2] (c) Is the respondent or any party holding an attributable interest in the respondent also the holder of an attributable interest in any other broadcast station or in any cable or newspaper entities in the same market or with overlapping signals in the same broadcast service, as described in 47 C.F.R. Sections 73.3555 and 76.501? Yes No If "Yes", submit an Exhibit identifying the holder of that other attributable interest, listing the call signs, locations and facilities identifiers of such other broadcast stations, and describing the nature and size of the ownership interest and the positions held in the other broadcast, cable or newspaper entities. [Exhibit 3] (d) Are any of the individuals listed in response to Question 9(a) related as parent-child, husband-wife, brothers and sisters? Yes No   If "Yes", submit an Exhibit setting forth full information as to the family relationship [Exhibit 4] (e) Is respondent seeking an attribution exemption for any officer or director with duties unrelated to the licensee or permittee? If "Yes", submit an Exhibit identifying that individual by name and title, fully describing that individual's duties and responsibilities, and explaining why that individual should not be attributed an interest. Yes No [Exhibit 5]

I certify that I am LOUIS F. MERCATANTI, JR., PRESIDENT

of NBP, INC., GENERAL PARTNER OF PARENT

and that I have examined this Report and that to the best of my knowledge and belief, all statements in this Report are true, correct and complete.

(Date of certification must be within 60 days of the date shown in Question 5, Section II and in no event prior to that date.)